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January 29, 2025
Question

Self employed 1099

  • January 29, 2025
  • 1 reply
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    1 reply

    Employee
    January 29, 2025

    You are self-employed?   Are you asking if you need to enter your business expenses on Schedule C---if that is the issue----yes, you do need to enter your expenses.  If you claim self-employment income without your expenses, you will be artificially inflating your income for refundable credits----and you would not want to submit an incorrect return, right?

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    January 29, 2025

    Yes I am self employed, yeah no I wouldn't want to do that at all. I was just wondering if I needed write offs with my income being so low